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01-10-2011, 08:51 PM | #1 |
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Leasing Demos
Has anyone ever heard of this? Is it possible to get a lease on a demo?
I'd like to get into an M car for the lowest possible payments. i have an e46 m3 and would like to take the value of this, + id have to ad 4k or so. Thanks, Peter |
01-11-2011, 02:05 PM | #2 |
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My 2008 was a leased demo which only had 30 miles on it. They even offered additional warranty. I think it was an extra 3 months.
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01-11-2011, 02:28 PM | #3 |
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Demos are basically the same as a new car. A dealer can demo a car for up to a certain mileage and still sell the car a new car but with a lower price. So in a nut shell if you are able to buy a demo do it! not only are you getting the car at a lower price then a new one but you get to take advantage of all the perks of buying a new car such as incentive and finance rates.
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01-11-2011, 02:33 PM | #4 |
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^^^ actually i have to correct myself bc not "all" demo are able to take advantage of new car incentives and programs. its based on the classification of the demo.
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01-12-2011, 12:52 PM | #5 |
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You're right. The extension of the warranty is usually 3 months or 5k miles, whichever comes first
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01-12-2011, 03:30 PM | #6 |
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Is it possible to order a brand new car, then have your ordering dealership "demo" the car for a certain period of time? Meaning the deal is basically closed but they dealer holds the car a little longer to get use of it for other customers?
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01-12-2011, 05:39 PM | #7 |
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Your kidding right
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01-12-2011, 05:43 PM | #8 | |
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Quote:
Unless I am saving like 10%-12% off a new car's price or some additional perks are being thrown in...because too be honest most times dealer's will lower it by a couple of grand I don't think a few grand is worth over versus going new especially if you are spending 80,000-100,000 in the first place. I would rather order mine to my preferences and wait for it, then save 3,000 on a 80,000 car
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01-12-2011, 06:25 PM | #9 |
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^^right on everyone is different, some demo's will be better deals then others. There is not a set amount of discount that a demo will be. Some demo's can be depreciated 10 to 15k depends on model mileage etc.. So i can see your point for 2k to 3k your better off getting a new car however some demos are great deals that you wouldn't want to pass up. At the end of the day every buyer is different.
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01-14-2011, 11:45 AM | #10 |
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No I'm not kidding. A guy on M3forum did this. It sounds completely shady but he claims to have gotten a purchase discount from doing so.
http://www.m3forum.net/m3forum/showthread.php?t=348758 |
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02-01-2011, 05:34 AM | #12 |
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The local (military sales) dealer in Germany does not routinely go on test drives with the customer. Granted they tend to hold onto demos for a few months and a few thousand miles, but I would shy away from them, at least over here.
I drove the same demo E93 twice and would not have bought it the based upon what I did to it in two relatively short test drives. I can only imagine what those that came before and after me did to it. I guess it all depends on the engagement of the dealer in reigning in their test drives.
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